| Quippi Raises $2M for Money Transfer Gift Cards Aimed at Mexican Market socalTECH | |
| go to original January 31, 2014 |
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Quippi is the first International gift card (we like to call it International Shopping Card) you buy in the US for your family and friends to shop in Mexico. (Quippi)
La Jolla-based Quippi, which sells a gift card aimed at international money transfers, has raised $2M in a funding, the company disclosed this week. The funding came from Avalon Ventures. Quippi operates a service - aimed at the Mexican market - which allows people in the U.S. or Mexico to buy gift cards, and share those gift cards via a PIN number with friends or family in Mexico.
Those gift cards work with specific retail partners in Mexico, including Cuesta Menos and Coppel. Quippi sells its gift cards in the U.S. at 7 Eleven and Ace Cash.
Related: Quippi Shopping Card Launches to Help Immigrants in US Support Their Families Abroad
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